Bank of Africa - Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank of Africa (BOA) at 'BB+' and 'B', respectively. At the same time, CI Ratings has affirmed BOA's Bank Standalone Rating (BSR) at 'bb-', and the Core Financial Strength (CFS) rating at 'bb-'. The Outlook for the LT FCR and BSR remains Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Morocco, Bank of Africa )
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